Sunday, November 20, 2011
NOTE: We have not posted for a few weeks due to very choppy market conditions.
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: GBP/JPY
Entry Order: BUY @ 121.79 stop
Stop-Loss (S/L): 121.41
Take Profit (T/P): 123.85
Signal 2:
Currency Pair: USD/JPY
Entry Order: BUY @ 77.05 stop
Stop-Loss (S/L): 76.72
Take Profit (T/P): 79.55
Pending orders should be cancelled if not triggered by the close of the trading session.
Open trades will be assigned updated S/L and T/P levels in the following trading session.
If you're interested, we execute these trades through an Institutional quality ECN broker. I am sure some retail feeds and other ECN's will show different prints. Any discrepancies in fills, stops, limits, are unavoidable and unintentional.
Disclaimer:
If you do NOT have iron discipline or an edge (that you can quantify), the Forex market will either:
eat you alive, drive you to drink, lead you to beat your wife, or give you ulcers. Only trade with risk capital as there is a risk of loss. Money management is very IMPORTANT!
NOTE: We have not posted for a few weeks due to very choppy market conditions.
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: GBP/JPY
Entry Order: BUY @ 121.79 stop
Stop-Loss (S/L): 121.41
Take Profit (T/P): 123.85
Signal 2:
Currency Pair: USD/JPY
Entry Order: BUY @ 77.05 stop
Stop-Loss (S/L): 76.72
Take Profit (T/P): 79.55
Pending orders should be cancelled if not triggered by the close of the trading session.
Open trades will be assigned updated S/L and T/P levels in the following trading session.
If you're interested, we execute these trades through an Institutional quality ECN broker. I am sure some retail feeds and other ECN's will show different prints. Any discrepancies in fills, stops, limits, are unavoidable and unintentional.
Disclaimer:
If you do NOT have iron discipline or an edge (that you can quantify), the Forex market will either:
eat you alive, drive you to drink, lead you to beat your wife, or give you ulcers. Only trade with risk capital as there is a risk of loss. Money management is very IMPORTANT!